Saudi’s Sadq Raises $1.47M in Pre-Series A Round

Sadq, a Saudi platform for digital signatures and integrated workflow authentication solutions, has announced the successful close of its Pre-Series A funding round. X by Unifonic led the round with participation from Unifonic and angel investors.

More to Know:

  • Sadq was wounded in 2022 by Abdullah Allaho and Salem Albadawi.
  • Sadq specialises in digital verification and e-signature services for businesses of all sizes
  • The company is licensed by the Saudi Digital Government Authority to provide trusted digital services, making its solutions admissible in Saudi courts.
  • In 2023, it closed a Seed round led by Sanabil 500 MENA.
  • According to Sadq’s statement, it is serving over 3,200 users, including major entities such as Foodics, Ninja, Maharah, and D360 Bank.

Related Comments:

  • “This investment comes at a pivotal time as Saudi Arabia witnesses a transformative shift in the digital trust landscape,” said Abdullah Allahuo, Co-Founder and CEO of Sadq. “It enables us to enhance our technology, forge strategic partnerships, and attract top-tier talent — reinforcing our position as a key provider of secure and legally recognized digital signature solutions. Obtaining the DGA license was a turning point, significantly increasing the credibility of our platform and elevating the legal weight of digitally signed documents, especially under Article 58 of the Saudi Evidence Law.”
  • Ayman Hamdan, Founding Partner of X by Unifonic Fund, added: “Sadq is uniquely positioned to lead the digital trust ecosystem in Saudi Arabia. The company holds tremendous potential to transform the way digital authentication and signatures are managed. Through this funding round, we are proud to support Sadq’s journey as it scales its service offerings, strengthens its market presence, and innovates across the digital trust space. As a fund, we are deeply committed to driving digital transformation by backing B2B SaaS companies that deliver mission-critical solutions for evolving markets.”
  • Salem Al-Badawi, Co-Founder and CTO of Sadq, said: “We’re proud of how far we’ve come. This new funding will allow us to further strengthen our robust, multi-layered technical infrastructure, enabling us to scale with agility and respond efficiently to growing demand. We’ve also integrated advanced auto-scaling systems, portable and consistent deployment environments, and global-grade security protocols — all of which ensure our platform is resilient, reliable, and secure against cyber threats. Our partnership with Unifonic will help us continue expanding our service portfolio in the digital authentication space.”

 

 

 

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